Confronting the GOP Assault On Student Aid

Families across America are pinching pennies to put their children through college and the last thing they need is an increase in the interest rates on student loans. I commend the Appropriations Committee members for giving families a break by resisting efforts by lenders to increase the burden of college debt on working families and for expanding loan consolidation options. In February, the Republican Congress perpetrated the biggest raid on student aid in the history of the program, stripping $12 billion from the student loan programs to pay for tax giveaways for the wealthy. We must do more to help struggling families afford college – the Committee’s actions are a step in the right direction.